Application Modernization Services Market by Service Type (Cloud Application Migration, Application Re-Platforming, Post Modernization), Application Type (Legacy, Cloud-hosted, Cloud-native) - Global Forecast to 2029

Application Modernization Services Market by Service Type (Cloud Application Migration, Application Re-Platforming, Post Modernization), Application Type (Legacy, Cloud-hosted, Cloud-native) - Global Forecast to 2029

The Application modernization services market was estimated to be USD 19.82 billion in 2024 to USD 39.62 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 14.8%. There are a few factors owing to which the application modernization services market is experiencing growth. As it is the era of very fast and advanced technological changes, a business cannot afford to take its eyes off the need to renew its old applications in order to stay in business and realize its efficiency. Often when the business has grown sufficiently in scope, coverage and even network, the legacy systems in place can hardly meet current business demands because they are constrained by scale, flexibility and even integration with new age technologies. The increased use of cloud technology is another key driver, with many organizations aiming to utilize cloud providers due to the size and low costs of operations offered by them. As a result of this digital evolution, companies have been forced to undergo the application transformation since it is important that such applications work well with advanced technologies like Artificial Intelligence, machine language and internet of things.

Moreover, with the increasing focus on securing data and compliance, organizations are also actively migrating their deployments to newer versions of applications developed to meet the changing needs of regulations aimed at addressing cybersecurity issues. Additionally, better performance of applications and improving user experience with such applications are another reason for enhanced modernization trends since every business strives to improve how its customers interact with the business digitally. The need to reduce operating costs at the same time increasing agility and speed to market is also a major factor as after application modernization, new features and services can be rolled out at a shorter period. Overall, these are the reasons for the high demand for services concerning application modernization as organizations want to redesign their technological frameworks in response to their strategic objectives and operational effectiveness.

“The Heathcare & Life Sciences vertical is expected to have second largest market size during the forecast period.” The healthcare and life sciences vertical is expected to hold the second highest market share in the application modernization services market next to telecom through the forecast period as it enhances the demand for advanced digital solutions. Therefore, the healthcare sector is witnessing a great transformation from the ever-growing adoption of electronic health records, telemedicine, and AI-driven diagnostics. It requires more efficient systems of IT that improve operational efficiency and facilitate better patient care while being in step regarding compliance with standards for the regulatory requirements. Demand for cloud solutions that ensure security and scalability along with the integration of new technologies with the existing systems further promotes growth in this space.

“The cloud-native applications segment will witness the highest growth during the forecast period.” In the application modernization services, owing to their vast potential for growth in aspects such as scalability, flexibility, and efficiency over and above the others, cloud-native applications are projected to have a greater increase within the forecasted period. On the other hand, while legacy applications offer services in a nutshell as one piece and more often rely on underlying physical structures, such as servers and data centers, cloud-native applications are cloud-centric and are constructed using enhanced structural designs such as that of microservices, containerized booting and scheduling management systems. This allows players in the industry to be able to change according to the changes in the business environment, increase the resources when need arises and minimize unnecessary operational costs. Besides, the increased use of cloud-based solutions and the maturing of cloud technologies help push the need for cloud-native applications because such solutions have outweighed the market challenges to deliver faster, better results, and optimized user experience. The most important technological trend has also been the continuous and sustained drive towards digitizing businesses’ processes for improved efficiency, which therefore means the development of able and responsive system solutions to the modern need for cloud based solutions will make transition to the more use of cloud-native applications more faster hence this explains the expected higher growth rate of such applications in the application modernization services market.

“Asia Pacific's highest growth rate during the forecast period.”

The application modernization services market in the forecast period is anticipated to grow at a higher pace in the Asia-Pacific region owing to a number of underlying reasons. One of the reasons is the digital transformation of the region, which has been facilitated by the growing use of cloud computing and other emerging technologies as well as the quest for efficiency by business operations. There is an increase in IT spending and digital activities in countries like China and India, which creates a need for such services to modernize the aging management systems and incorporate new technologies. The growth of the sector is also enhanced by the efforts of global technology providers and the influx of local enterprises which are enhancing competition. The increasing affluence of the population as well as the trend towards a population that is more technologically inclined is another major factor that is increasing the need for sophisticated and high-capacity application modernization services within the region.

Breakdown of primaries

The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The break-up of the primaries is as follows:

By Company Type: Tier 1 – 62%, Tier 2 – 23%, and Tier 3 – 15%

By Designation: C-level –50%, D-level – 30%, and Others – 20%

By Region: North America – 38%, Europe – 15%, Asia Pacific – 35%, Middle East & Africa – 7%, and Latin America- 5%.

The major players in the Application modernization services market include Oracle (US), IBM (US), Microsoft (US), HCL Technologies (India), Accenture (Ireland), ATOS (France), Capgemini (France), Cognizant (US), TCS (India), Aspire Systems (India), NTT Data Group Corporation (Japan), Infosys (India), Dell Technologies (US), Innova Solutions (US), EPAM Systems (US), DXC Technology (US), MongoDB (US), LTIMindtree (India), Wipro (India), Rocket Software (US), Fujitsu (Japan), Hexaware Technologies (India), Virtusa (US), Softura (US), CloudHedge (US), D3V Technology (US), Bayshore Intelligence (US), Opinov8 (UK), Icreon (US), Symphony Solutions (Netherlands), Cleveroad (Ukraine), Soft Suave (India), TechAhead (US), and Geomotiv (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their Application modernization services market footprint.

Research Coverage

The market study covers the application modernization services market size across different segments. It aims at estimating the market size and the growth potential across different segments, including service types, application types, verticals, and region. The service type includes application portfolio assessment, cloud application migration, application re-platforming, application integration, UI/UX modernization, and post modernization. Further, the application types include legacy applications, cloud-hosted applications, and cloud-native applications. The verticals include BFSI, Healthcrae & Life Sciences, Telecom, IT & ITeS, Retail & eCommerce, Government, Energy & Utilities, Transportation & Logistics, Media & Entertainment, and Manufacturing. The regional analysis of the Application modernization services market covers North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants with information on the closest approximations of the global Application modernization services market’s revenue numbers and subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the market’s pulse and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

1. Analysis of key drivers (rising digital transformation initiatives, demand for flexibility and scalability through cloud computing, rapid technological advancements), restraints (high costs and complexity, legacy system dependencies), opportunities (emerging markets and SMEs, evolution of open standards for software development), and challenges (vendor lock-in and platform dependencies, managing technical debt) influencing the growth of the application modernization services market.

2. Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the application modernization services market.

3. Market Development: Comprehensive information about lucrative markets – the report analyses the application modernization services market across various regions.

4. Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the application modernization services market.

5. Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players Oracle (US), IBM (US), Microsoft (US), HCL Technologies (India), Accenture (Ireland), ATOS SE (France), Capgemini (France), Cognizant (US), Tata Consultancy Services (India), Aspire Systems (India), NTT Data Group Corporation (Japan), Infosys (India), Dell Technologies (US), Innova Solutions (US), EPAM Systems (US), DXC Technology (US), MongoDB (US), LTIMindtree (India), Wipro (India), Rocket Software (US), Fujitsu (Japan), Hexaware Technologies (India), Virtusa (US), Softura (US), CloudHedge (US), D3V Technology (US), Bayshore Intelligence (US), Opinov8 (UK), Icreon (US), Symphony Solutions (Netherlands), Cleveroad (Ukraine), Soft Suave (India), TechAhead (US), and Geomotiv (US).

Tables List

Table 1 Usd Exchange Rates, 2019–2023

Table 2 Application Modernization Services Market: Ecosystem

Table 3 North America: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 4 Europe: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 5 Asia Pacific: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 6 Row: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 7 Average Selling Price Of Key Players, By Service Type

Table 8 Indicative Pricing Levels Of Application Modernization Services

Table 9 Porter’s Five Forces Impact On Application Modernization

Services Market

Table 10 List Of Key Patents

Table 11 Influence Of Stakeholders On Buying Process For Top Three End Users

Table 12 Key Buying Criteria For Top Three End Users

Table 13 Application Modernization Services Market: Detailed List Of Conferences And Events, 2024–2025

Table 14 Application Modernization Services Market, By Service Type,

2018–2023 (Usd Million)

Table 15 Application Modernization Services Market, By Service Type,

2024–2029 (Usd Million)

Table 16 Application Portfolio Assessment Services Market, By Region,

2018–2023 (Usd Million)

Table 17 Application Portfolio Assessment Services Market, By Region,

2024–2029 (Usd Million)

Table 18 Cloud Application Migration Services Market, By Region,

2018–2023 (Usd Million)

Table 19 Cloud Application Migration Services Market, By Region,

2024–2029 (Usd Million)

Table 20 Application Re-platforming Services Market, By Region,

2018–2023 (Usd Million)

Table 21 Application Re-platforming Services Market, By Region,

2024–2029 (Usd Million)

Table 22 Application Integration Services Market, By Region,

2018–2023 (Usd Million)

Table 23 Application Integration Services Market, By Region,

2024–2029 (Usd Million)

Table 24 Ui/Ux Modernization Services Market, By Region,

2018–2023 (Usd Million)

Table 25 Ui/Ux Modernization Services Market, By Region,

2024–2029 (Usd Million)

Table 26 Post-modernization Services Market, By Region,

2018–2023 (Usd Million)

Table 27 Post-modernization Services Market, By Region,

2024–2029 (Usd Million)

Table 28 Application Modernization Services Market, By Application Type,

2018–2023 (Usd Million)

Table 29 Application Modernization Services Market, By Application Type,

2024–2029 (Usd Million)

Table 30 Legacy Application Modernization Services Market, By Region,

2018–2023 (Usd Million)

Table 31 Legacy Application Modernization Services Market, By Region,

2024–2029 (Usd Million)

Table 32 Cloud-hosted Application Modernization Services Market, By Region, 2018–2023 (Usd Million)

Table 33 Cloud-hosted Application Modernization Services Market, By Region, 2024–2029 (Usd Million)

Table 34 Cloud-native Application Modernization Services Market, By Region, 2018–2023 (Usd Million)

Table 35 Cloud-native Application Modernization Services Market, By Region, 2024–2029 (Usd Million)

Table 36 Application Modernization Services Market, By Vertical,

2018–2023 (Usd Million)

Table 37 Application Modernization Services Market, By Vertical,

2024–2029 (Usd Million)

Table 38 Application Modernization Services Market In Bfsi, By Region,

2018–2023 (Usd Million)

Table 39 Application Modernization Services Market In Bfsi, By Region,

2024–2029 (Usd Million)

Table 40 Application Modernization Services Market In It & Ites, By Region, 2018–2023 (Usd Million)

Table 41 Application Modernization Services Market In It & Ites, By Region, 2024–2029 (Usd Million)

Table 42 Application Modernization Services Market In Healthcare & Life Sciences, By Region, 2018–2023 (Usd Million)

Table 43 Application Modernization Services Market In Healthcare & Life Sciences, By Region, 2024–2029 (Usd Million)

Table 44 Application Modernization Services Market In Manufacturing,

By Region, 2018–2023 (Usd Million)

Table 45 Application Modernization Services Market In Manufacturing,

By Region, 2024–2029 (Usd Million)

Table 46 Application Modernization Services Market In Telecom, By Region, 2018–2023 (Usd Million)

Table 47 Application Modernization Services Market In Telecom, By Region, 2024–2029 (Usd Million)

Table 48 Transportation & Logistics: Application Modernization Services Market, By Region, 2018–2023 (Usd Million)

Table 49 Transportation & Logistics: Application Modernization Services Market, By Region, 2024–2029 (Usd Million)

Table 50 Application Modernization Services Market In Media & Entertainment, By Region, 2018–2023 (Usd Million)

Table 51 Application Modernization Services Market In Media & Entertainment, By Region, 2024–2029 (Usd Million)

Table 52 Application Modernization Services Market In Retail & Ecommerce,

By Region, 2018–2023 (Usd Million)

Table 53 Application Modernization Services Market In Retail & Ecommerce,

By Region, 2024–2029 (Usd Million)

Table 54 Application Modernization Services Market In Government, By Region, 2018–2023 (Usd Million)

Table 55 Application Modernization Services Market In Government, By Region, 2024–2029 (Usd Million)

Table 56 Application Modernization Services Market In Other Verticals,

By Region, 2018–2023 (Usd Million)

Table 57 Application Modernization Services Market In Other Verticals,

By Region, 2024–2029 (Usd Million)

Table 58 Application Modernization Services Market, By Region,

2018–2023 (Usd Million)

Table 59 Application Modernization Services Market, By Region,

2024–2029 (Usd Million)

Table 60 North America: Application Modernization Services Market,

By Service Type, 2018–2023 (Usd Million)

Table 61 North America: Application Modernization Services Market,

By Service Type, 2024–2029 (Usd Million)

Table 62 North America: Application Modernization Services Market,

By Application Type, 2018–2023 (Usd Million)

Table 63 North America: Application Modernization Services Market,

By Application Type, 2024–2029 (Usd Million)

Table 64 North America: Application Modernization Services Market,

By Vertical, 2018–2023 (Usd Million)

Table 65 North America: Application Modernization Services Market,

By Vertical, 2024–2029 (Usd Million)

Table 66 North America: Application Modernization Services Market,

By Country, 2018–2023 (Usd Million)

Table 67 North America: Application Modernization Services Market,

By Country, 2024–2029 (Usd Million)

Table 68 Us: Application Modernization Services Market, By Service Type,

2018–2023 (Usd Million)

Table 69 Us: Application Modernization Services Market, By Service Type,

2024–2029 (Usd Million)

Table 70 Us: Application Modernization Services Market, By Application Type, 2018–2023 (Usd Million)

Table 71 Us: Application Modernization Services Market, By Application Type, 2024–2029 (Usd Million)

Table 72 Us: Application Modernization Services Market, By Vertical,

2018–2023 (Usd Million)

Table 73 Us: Application Modernization Services Market, By Vertical,

2024–2029 (Usd Million)

Table 74 Canada: Application Modernization Services Market, By Service Type, 2018–2023 (Usd Million)

Table 75 Canada: Application Modernization Services Market, By Service Type, 2024–2029 (Usd Million)

Table 76 Canada: Application Modernization Services Market, By Application Type, 2018–2023 (Usd Million)

Table 77 Canada: Application Modernization Services Market, By Application Type, 2024–2029 (Usd Million)

Table 78 Canada: Application Modernization Services Market, By Vertical,

2018–2023 (Usd Million)

Table 79 Canada: Application Modernization Services Market, By Vertical,

2024–2029 (Usd Million)

Table 80 Europe: Application Modernization Services Market, By Service Type, 2018–2023 (Usd Million)

Table 81 Europe: Application Modernization Services Market, By Service Type, 2024–2029 (Usd Million)

Table 82 Europe: Application Modernization Services Market, By Application Type, 2018–2023 (Usd Million)

Table 83 Europe: Application Modernization Services Market, By Application Type, 2024–2029 (Usd Million)

Table 84 Europe: Application Modernization Services Market, By Vertical,

2018–2023 (Usd Million)

Table 85 Europe: Application Modernization Services Market, By Vertical,

2024–2029 (Usd Million)

Table 86 Europe: Application Modernization Services Market,

By Country/Subregion, 2018–2023 (Usd Million)

Table 87 Europe: Application Modernization Services Market,

By Country/Subregion, 2024–2029 (Usd Million)

Table 88 Uk: Application Modernization Services Market, By Service Type,

2018–2023 (Usd Million)

Table 89 Uk: Application Modernization Services Market, By Service Type,

2024–2029 (Usd Million)

Table 90 Uk: Application Modernization Services Market, By Application Type, 2018–2023 (Usd Million)

Table 91 Uk: Application Modernization Services Market, By Application Type, 2024–2029 (Usd Million)

Table 92 Uk: Application Modernization Services Market, By Vertical,

2018–2023 (Usd Million)

Table 93 Uk: Application Modernization Services Market, By Vertical,

2024–2029 (Usd Million)

Table 94 Asia Pacific: Application Modernization Services Market, By Service Type, 2018–2023 (Usd Million)

Table 95 Asia Pacific: Application Modernization Services Market, By Service Type, 2024–2029 (Usd Million)

Table 96 Asia Pacific: Application Modernization Services Market, By Application Type, 2018–2023 (Usd Million)

Table 97 Asia Pacific: Application Modernization Services Market, By Application Type, 2024–2029 (Usd Million)

Table 98 Asia Pacific: Application Modernization Services Market, By Vertical, 2018–2023 (Usd Million)

Table 99 Asia Pacific: Application Modernization Services Market, By Vertical, 2024–2029 (Usd Million)

Table 100 Asia Pacific: Application Modernization Services Market,

By Country/Subregion, 2018–2023 (Usd Million)

Table 101 Asia Pacific: Application Modernization Services Market,

By Country/Subregion, 2024–2029 (Usd Million)

Table 102 China: Application Modernization Services Market, By Service Type, 2018–2023 (Usd Million)

Table 103 China: Application Modernization Services Market, By Service Type, 2024–2029 (Usd Million)

Table 104 China: Application Modernization Services Market, By Application Type, 2018–2023 (Usd Million)

Table 105 China: Application Modernization Services Market, By Application Type, 2024–2029 (Usd Million)

Table 106 China: Application Modernization Services Market, By Vertical,

2018–2023 (Usd Million)

Table 107 China: Application Modernization Services Market, By Vertical,

2024–2029 (Usd Million)

Table 108 Middle East & Africa: Application Modernization Services Market,

By Service Type, 2018–2023 (Usd Million)

Table 109 Middle East & Africa: Application Modernization Services Market,

By Service Type, 2024–2029 (Usd Million)

Table 110 Middle East & Africa: Application Modernization Services Market,

By Application Type, 2018–2023 (Usd Million)

Table 111 Middle East & Africa: Application Modernization Services Market,

By Application Type, 2024–2029 (Usd Million)

Table 112 Middle East & Africa: Application Modernization Services Market,

By Vertical, 2018–2023 (Usd Million)

Table 113 Middle East & Africa: Application Modernization Services Market,

By Vertical, 2024–2029 (Usd Million)

Table 114 Middle East & Africa: Application Modernization Services Market,

By Subregion, 2018–2023 (Usd Million)

Table 115 Middle East & Africa: Application Modernization Services Market,

By Subregion, 2024–2029 (Usd Million)

Table 116 Middle East: Application Modernization Services Market, By Service Type, 2018–2023 (Usd Million)

Table 117 Middle East: Application Modernization Services Market, By Service Type, 2024–2029 (Usd Million)

Table 118 Middle East: Application Modernization Services Market, By Application Type, 2018–2023 (Usd Million)

Table 119 Middle East: Application Modernization Services Market, By Application Type, 2024–2029 (Usd Million)

Table 120 Middle East: Application Modernization Services Market, By Vertical, 2018–2023 (Usd Million)

Table 121 Middle East: Application Modernization Services Market, By Vertical, 2024–2029 (Usd Million)

Table 122 Middle East: Application Modernization Services Market, By Country, 2018–2023 (Usd Million)

Table 123 Middle East: Application Modernization Services Market, By Country, 2024–2029 (Usd Million)

Table 124 Uae: Application Modernization Services Market, By Service Type, 2018–2023 (Usd Million)

Table 125 Uae: Application Modernization Services Market, By Service Type, 2024–2029 (Usd Million)

Table 126 Uae: Application Modernization Services Market, By Application Type, 2018–2023 (Usd Million)

Table 127 Uae: Application Modernization Services Market, By Application Type, 2024–2029 (Usd Million)

Table 128 Uae: Application Modernization Services Market, By Vertical,

2018–2023 (Usd Million)

Table 129 Uae: Application Modernization Services Market, By Vertical,

2024–2029 (Usd Million)

Table 130 Latin America: Application Modernization Services Market, By Service Type, 2018–2023 (Usd Million)

Table 131 Latin America: Application Modernization Services Market, By Service Type, 2024–2029 (Usd Million)

Table 132 Latin America: Application Modernization Services Market,

By Application Type, 2018–2023 (Usd Million)

Table 133 Latin America: Application Modernization Services Market,

By Application Type, 2024–2029 (Usd Million)

Table 134 Latin America: Application Modernization Services Market, By Vertical, 2018–2023 (Usd Million)

Table 135 Latin America: Application Modernization Services Market, By Vertical, 2024–2029 (Usd Million)

Table 136 Latin America: Application Modernization Services Market, By Country, 2018–2023 (Usd Million)

Table 137 Latin America: Application Modernization Services Market, By Country, 2024–2029 (Usd Million)

Table 138 Brazil: Application Modernization Services Market, By Service Type, 2018–2023 (Usd Million)

Table 139 Brazil: Application Modernization Services Market, By Service Type, 2024–2029 (Usd Million)

Table 140 Brazil: Application Modernization Services Market, By Application Type, 2018–2023 (Usd Million)

Table 141 Brazil: Application Modernization Services Market, By Application Type, 2024–2029 (Usd Million)

Table 142 Brazil: Application Modernization Services Market, By Vertical,

2018–2023 (Usd Million)

Table 143 Brazil: Application Modernization Services Market, By Vertical,

2024–2029 (Usd Million)

Table 144 Overview Of Strategies Adopted By Key Application Modernization Services Players

Table 145 Application Modernization Services Market: Degree Of Competition

Table 146 Service Type Footprint, 2023

Table 147 Application Type Footprint, 2023

Table 148 Vertical Footprint, 2023

Table 149 Regional Footprint, 2023

Table 150 Application Modernization Services Market: Key Startups/Smes, 2023

Table 151 Application Modernization Services Market: Competitive Benchmarking Of Key Startups/Smes, 2023

Table 152 Application Modernization Services Market: Product Launches, January 2022–august 2024

Table 153 Application Modernization Services Market: Deals, January 2022–august 2024

Table 154 Ibm: Company Overview

Table 155 Ibm: Products/Solutions/Services Offered

Table 156 Ibm: Product Launches

Table 157 Ibm: Deals

Table 158 Hcl Technologies: Company Overview

Table 159 Hcl Technologies: Products/Solutions/Services Offered

Table 160 Hcl Technologies: Product Launches

Table 161 Hcl Technologies: Deals

Table 162 Atos: Company Overview

Table 163 Atos: Products/Solutions/Services Offered

Table 164 Atos: Product Launches

Table 165 Atos: Deals

Table 166 Capgemini: Company Overview

Table 167 Capgemini: Products/Solutions/Services Offered

Table 168 Capgemini: Product Launches

Table 169 Capgemini: Deals

Table 170 Accenture: Company Overview

Table 171 Accenture: Products/Solutions/Services Offered

Table 172 Accenture: Product Launches

Table 173 Accenture: Deals

Table 174 Microsoft: Company Overview

Table 175 Microsoft: Products/Solutions/Services Offered

Table 176 Microsoft: Product Launches

Table 177 Microsoft: Deals

Table 178 Oracle: Company Overview

Table 179 Oracle: Products/Solutions/Services Offered

Table 180 Oracle: Product Launches

Table 181 Oracle: Deals

Table 182 Cognizant: Company Overview

Table 183 Cognizant: Products/Solutions/Services Offered

Table 184 Cognizant: Product Launches

Table 185 Cognizant: Deals

Table 186 Tcs: Company Overview

Table 187 Tcs: Products/Solutions/Services Offered

Table 188 Tcs: Product Launches

Table 189 Tcs: Deals

Table 190 Cloud Professional Services Market, By Service Type,

2019–2022 (Usd Million)

Table 191 Cloud Professional Services Market, By Service Type,

2023–2028 (Usd Million)

Table 192 Cloud Professional Services Market, By Service Model,

2019–2022 (Usd Million)

Table 193 Cloud Professional Services Market, By Service Model,

2023–2028 (Usd Million)

Table 194 Cloud Professional Services Market, By Deployment Model,

2019–2022 (Usd Million)

Table 195 Cloud Professional Services Market, By Deployment Model,

2023–2028 (Usd Million)

Table 196 Cloud Professional Services Market, By Organization Size,

2019–2022 (Usd Million)

Table 197 Cloud Professional Services Market, By Organization Size,

2023–2028 (Usd Million)

Table 198 Cloud Professional Services Market, By Vertical,

2019–2022 (Usd Million)

Table 199 Cloud Professional Services Market, By Vertical,

2023–2028 (Usd Million)

Table 200 Cloud Professional Services Market, By Region,

2019–2022 (Usd Million)

Table 201 Cloud Professional Services Market, By Region,

2023–2028 (Usd Million)

Table 202 System Integration Services Market, By Service Type,

2017–2022 (Usd Million)

Table 203 System Integration Services Market, By Service Type,

2023–2028 (Usd Million)

Table 204 System Integration Services Market, By Vertical,

2017–2022 (Usd Million)

Table 205 System Integration Services Market, By Vertical,

2023–2028 (Usd Million)

Table 206 System Integration Services Market, By Region,

2017–2022 (Usd Million)

Table 207 System Integration Services Market, By Region,

2023–2028 (Usd Million)

Figures List

Figure 1 Application Modernization Services Market Segmentation

Figure 2 Application Modernization Services Market: Research Design

Figure 3 Breakdown Of Primary Interviews, By Company Type, Designation,

And Region

Figure 4 Key Industry Insights

Figure 5 Application Modernization Services Market: Top-down And Bottom-up Approaches

Figure 6 Approach 1 (Supply Side): Revenue Of Vendors In Application Modernization Services Market

Figure 7 Approach 2 (Demand Side): Application Modernization Services Market

Figure 8 Market Size Estimation Methodology: Demand-side Analysis

Figure 9 Market Size Estimation Using Bottom-up Approach

Figure 10 Data Triangulation

Figure 11 Application Modernization Services Market, 2022–2029 (Usd Million)

Figure 12 Application Modernization Services Market Overview, By Region, 2024

Figure 13 Rapid Adoption Of Cloud Technologies And Need For Operational Agility To Drive Market Growth

Figure 14 Cloud Application Migration Segment To Dominate Market During Forecast Period

Figure 15 Cloud-hosted Applications To Account For Largest Market Share During Forecast Period

Figure 16 Bfsi Vertical To Account For Largest Market Share During

Forecast Period

Figure 17 Cloud Application Migration And Telecom Segments To Account For Significant Market Shares In 2024

Figure 18 Drivers, Restraints, Opportunities, And Challenges: Application Modernization Services Market

Figure 19 Evolution Of Application Modernization Services

Figure 20 Key Players In Application Modernization Services Market Ecosystem

Figure 21 Application Modernization Services Market: Supply Chain Analysis

Figure 22 Average Selling Prices Of Key Players, By Service Type (Usd)

Figure 23 Application Modernization Services Market: Porter’s Five

Forces Analysis

Figure 24 Patent Analysis For Application Modernization Services, 2013–2023

Figure 25 Trends/Disruptions Impacting Customers’ Businesses

Figure 26 Influence Of Stakeholders On Buying Process For Top Three End Users

Figure 27 Key Buying Criteria For Top Three End Users

Figure 28 Application Modernization Service Tools, Frameworks, And Techniques

Figure 29 Investment And Funding Scenario, 2022–2024 (Usd Million)

Figure 30 Use Cases Of Generative Ai In Application Modernization Services

Figure 31 Cloud Application Migration Segment To Grow At Highest Cagr During Forecast Period

Figure 32 Cloud-native Segment To Grow At Highest Cagr During Forecast Period

Figure 33 Telecom Segment To Register Higher Cagr During Forecast Period

Figure 34 North America: Market Snapshot

Figure 35 Asia Pacific: Market Snapshot

Figure 36 Revenue Analysis Of Key Players, 2019–2023 (Usd Million)

Figure 37 Share Of Leading Companies In Application Modernization Services Market, 2023

Figure 38 Market Ranking Analysis Of Top Five Players

Figure 39 Application Modernization Services Market: Company Evaluation Matrix (Key Players), 2023

Figure 40 Company Footprint, 2023

Figure 41 Application Modernization Services Market: Company Evaluation Matrix (Startups/Smes), 2023

Figure 42 Financial Metrics Of Key Application Modernization Services

Vendors, 2024

Figure 43 Company Valuation Of Key Application Modernization Services Vendors, 2024 (Usd Billion)

Figure 44 Brand/Product Comparison

Figure 45 Ibm: Company Snapshot

Figure 46 Hcl Technologies: Company Snapshot

Figure 47 Atos: Company Snapshot

Figure 48 Capgemini: Company Snapshot

Figure 49 Accenture: Company Snapshot

Figure 50 Microsoft: Company Snapshot

Figure 51 Oracle: Company Snapshot

Figure 52 Cognizant: Company Snapshot

Figure 53 Tcs: Company Snapshot